Publication type: Conference other
Type of review: Not specified
Title: Enforcement of european competition policy : impact on competition and efficiency
Authors: Günster, Andrea Maria
Klein, Gordon
et. al: No
Conference details: Jahrestagung 2013 des Vereins für Socialpolitik, Düsseldorf, Deutschland, 4.-7. September 2013
Issue Date: 2013
Language: English
Subject (DDC): 341: Law of nations and European law
Abstract: The study analyzes the impact of European antitrust enforcement on industry performance measured as competition intensity (Price Cost Margin) and productivity (labor productivity and distance to the frontier). For a panel of OECD countries on the industry level since 1988, we estimate the impact of an infringement decision by the European Commission on the competitive market structure. We find that enforcement has a considerable effect, both on competition intensity and on productivity. However, the impact differs with the anticompetitive economic conduct. Cartels behave as theoretically predicted with an increase in competition and productivity after the cartel break-up. The impact of vertical conduct is more complex, with positive and negative efficiency effects of antitrust enforcement depending on the exclusivity of the vertical restraint.
Fulltext version: Published version
License (according to publishing contract): Licence according to publishing contract
Departement: School of Management and Law
Organisational Unit: Center for Economic Policy (FWP)
Appears in collections:Publikationen School of Management and Law

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